Meren Energy Inc. (MER.TO)
Explores and produces oil and gas in African waters and onshore fields.
1.98-0.02%Energy
StockGlow Score
Neutral
BearishBullish
1 year ago+11.9%
The outlook
MER.TO is trading near the lower half of its 52-week range, currently sitting below both its 50- and 200-day moving averages. The two analysts covering the stock lean bullish with a "Buy" consensus, and their average price target sits about 28% above the current price. Overall sentiment is neutral, reflecting modest analyst support alongside a weakened near-term technical position.
What’s behind the score
Analyst consensusBuy — 2.0 avg of 2 analysts
Price trendBelow its 50- & 200-day averages
52-week range35% of the way from its 52-week low to high
Price targetAvg target +28% vs current price
Analyst price target
~12-month · 2 analysts2.54average target+28.4% vs now
Now 1.98
Low 2.51High 2.57
Published targets from Wall Street analysts (public data) — what analysts expect over roughly a year. This is not a StockGlow forecast and not a recommendation. Analyst targets are frequently wrong.
Market cap
$1.34B
52-wk high
2.58
52-wk low
1.65
50-day avg
2.11
200-day avg
2.06
Trailing P/E
—